US PRE MARKET
The S&P 500 Futures is trading at 2,881.12 with a loss of -0.20% percent or -5.88 point. Other U.S. stock futures lower in pre-market trading for June 12. The Dow Futures is trading at 26,011.00 with a loss of -0.21% percent or -54.00 point. The Nasdaq Futures is trading at 7,488.88 with a loss of -0.39% percent or -29.37 point.
WEDNESDAY’S FACTORS AND EVENTS
Other leading market index closes included the small-cap Russell 2000 Index closed at 1,519.11 with a loss of -0.29% percent or -4.45 point; the S&P 600 Small-Cap Index closed at 924.04 with a loss of -0.28% percent or -2.56 point; the S&P 400 Mid-Cap Index closed at 1,903.88 up with +0.089% percent or +1.69 point; the S&P 100 Index closed at 1,273.58 up with +0.079% percent or +1.00 point; the Russell 3000 Index closed at 1,696.61 with a loss of -0.074% percent or -1.25 point; the Russell 1000 Index closed at 1,598.02 with a loss of -0.058% or -0.92 point.
In overnight trading in the Eastern Hemisphere, In other parts of world, Japan’s Nikkei 225 is trading at 21,129.72 with a loss of -0.35% percent or -74.56 point. Hong Kong’s Hang Seng is trading at 27,297.48 with a loss of -1.77% percent or -491.86 point. China’s Shanghai Composite is trading at 2,909.38 with a loss of -0.56% percent or -16.34 point. India’s BSE Sensex is trading at 39,725.02 with a loss of -0.56% percent or -225.44 point at 12:15 PM.The FTSE 100 is trading at 7,349.60 with a loss of -0.66% percent or -48.85 point. Germany’s DAX is trading at 12,108.19 with a loss of -0.39% percent or -47.62 point. France’s CAC 40 is trading at 5,377.22 with a loss of -0.58% percent or -31.22 point. The Stoxx Europe 600 is trading at 379.27 with a loss of -0.42% percent or -1.61 point.
U.S. President Donald Trump said Tuesday that the U.S. dollar is at a disadvantage compared to other currencies, such as the euro. Trump had previously pointed out that the Federal Reserve should lose its monetary policy.
In a separate comment, the President said the U.S. has very low inflation – which he considered a “beautiful thing.”
This will be one of the numbers to watch out on Wednesday, when CPI figures are released at 8:30 am ET. There will also be federal budget numbers published at 2 pm ET.
In terms of auctions, the Treasury is due to sell $24 billion in 10-year notes.
There are no key Fed speeches scheduled.
TUESDAY’S ACTIVITY
For the day the Dow is trading at 26,048.51 with a loss of -0.054% percent or -14.17 point. The S&P 500 is trading at 2,885.72 with a loss of -0.035% percent or -1.01 point. The Nasdaq Composite is trading at 7,822.57 with a loss of -0.0077% percent or -0.60 point.